2327 W 18th, Loveland, CO 80538 – IRE1050361 - Jim Thomas

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Jim Thomas

jim@thomasratay.com +1(720) 317-9621

$650,000

Est. payment - /mo

2,052 SqFt

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UPDATED:

Key Details

Property Type Other Types

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,052 sqft

Subdivision Lakemont

MLS Listing ID IRE1050361

Style Contemporary

HOA Y/N No

Year Built 1972

Annual Tax Amount $2,661

Tax Year 2024

Lot Size 10,454 Sqft

Acres 0.24

Property Sub-Type Duplex

Source ires

Property Description

Prime Loveland location, ideally situated between Lake Loveland and Rist Benson Reservoir, this side-by-side duplex is a rare opportunity for a truly A+, fully leased, turnkey investment property with no HOA. Thoroughly renovated and meticulously maintained, with nearly all major CapEx items replaced within approximately the last 6 years, this is the kind of low-hassle duplex investors work hard to find-and rarely see hit the market. Both units offer bright, open-concept living with updated kitchens and bathrooms, newer appliances, and the added convenience of individual attached one-car garages. Outdoors, you'll appreciate the fenced, private patios and xeriscaped backyards designed for easy maintenance, plus additional shed storage for each unit. Unit 2331 adds even more versatility with fenced RV/boat parking-a standout feature that boosts tenant appeal and long-term value. The property is currently leased and provides immediate income: 2331 at $1,785/month and 2327 at $2,300/month. Unit 2327 is rented furnished and includes utilities, while 2331 pays all utilities except water (property has a single water meter). .For buyers looking ahead, there's also clear value-add potential through future rent optimization-the furnished unit (2327) is projected at approximately $2,800/month. A standout word to describe this one, RARE - location, condition, and income-this IS Loveland duplex ownership with the heavy lifting already done. West unit is a 1 bedroom/ 1 bath with 2 living spaces. East unit is a 2 bedroom/ 1 bathroom. Both units leased currently.

Location

State CO

County Larimer

Community Lakemont

Area Loveland/Berthoud

Zoning R1

Rooms

Basement None

Interior

Interior Features Open Floorplan, Walk-In Closet(s), Washer/Dryer Hookup

Heating Forced Air

Cooling Wall/Window Unit(s)

Flooring Wood

Fireplaces Type One

Appliance Electric Range, Dishwasher, Refrigerator, Disposal, Fire Alarm

Exterior

Parking Features Garage Door Opener

Fence Fenced, Chain Link

Utilities Available Natural Gas Available, Electricity Available, Cable Available, Satellite Avail, High Speed Avail

View Y/N No

Roof Type Composition

Improvements No

Porch Patio

Garage No

Building

Lot Description Level, Paved, Curbs, Gutters, Sidewalks

Sewer Public Sewer

Water City

Architectural Style Contemporary

Level or Stories One

Structure Type Frame,Brick

New Construction false

Schools

Elementary Schools Namaqua

Middle Schools Bill Reed

High Schools Thompson R2-J

School District Thompson R2-J

Others

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Special Listing Condition Private Owner

Read Less Info

Information and Real Estate Services (IRES)

Listed by Gus Bergs

NEARBY SCHOOL & BUSINESS

SCHOOLS PROPERTIES

Elementary Schools 20

7

Ponderosa Elementary School

Public | EE - 5
7

Centennial Elementary School

Public | EE - 5
6

B. F. Kitchen Elementary School

Public | KG - 5
6

Stansberry Elementary School

Public | KG - 5
5

Namaqua Elementary School

Public | KG - 5
5

Garfield Elementary School

Public | KG - 5
5

Laurene Edmondson Elementary School

Public | EE - 5
5

Mary Blair Elementary School

Public | KG - 5
4

Sarah Milner Elementary School

Public | EE - 5
4

Lincoln Elementary School

Public | EE - 5
4

Truscott Elementary School

Public | KG - 5
4

Monroe Elementary School

Public | EE - 5
3

Van Buren Elementary School

Public | KG - 5
0

Loveland Classical School

Public | KG - 11
0

Bright Horizons

Private | PK - KG
0

St John the Evangelist Catholic School

Private | PK - 8
0

Leap School

Public | KG - 12
0

Trinity Lutheran Preschool

Private | PK - TKG
0

Immanuel Lutheran School

Private | PK - 8
0

Thompson Online

Public | KG - 12

Middle Schools 4

6

Bill Reed Middle School

Public | 6 - 8
5

Lucile Erwin Middle School

Public | 6 - 8
2

Walt Clark Middle School

Public | 6 - 8
2

Conrad Ball Middle School

Public | 6 - 8

High Schools 3

7

Loveland High School

Public | 9 - 12
5

Thompson Valley High School

Public | 9 - 12
0

Harold Ferguson High School

Public | 10 - 12

School and business data provided by Attom Data.

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Jim Thomas

+1(720) 317-9621

Principal & Broker Associate | FA100031661

Principal & Broker Associate FA100031661

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2327 W 18th Loveland, CO 80538

Jim Thomas

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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2327 W 18th